Qingdao Tianneng Heavy Industries Co.,Ltd

Shenzhen Stock Exchange 300569.SZ

Qingdao Tianneng Heavy Industries Co.,Ltd Net Income Margin for the year ending December 31, 2023: 5.94%

Qingdao Tianneng Heavy Industries Co.,Ltd Net Income Margin is 5.94% for the year ending December 31, 2023, a 8.21% change year over year. Net Income Ratio, also known as the profit margin, is the ratio of net income to net sales, showing the percentage of revenue that remains as profit after all expenses are deducted.

Qingdao Tianneng Heavy Industries Co.,Ltd Net Income Margin for the year ending December 31, 2022 was 5.49%, a -50.79% change year over year.
Qingdao Tianneng Heavy Industries Co.,Ltd Net Income Margin for the year ending December 31, 2021 was 11.15%, a -10.69% change year over year.
Qingdao Tianneng Heavy Industries Co.,Ltd Net Income Margin for the year ending December 31, 2020 was 12.48%, a 14.16% change year over year.
Qingdao Tianneng Heavy Industries Co.,Ltd Net Income Margin for the year ending December 31, 2019 was 10.94%, a 48.92% change year over year.

Key data

Date	Net Income Margin	EBITDA Margin	EBIT Margin	EBITDA

Shenzhen Stock Exchange: 300569.SZ

Qingdao Tianneng Heavy Industries Co.,Ltd

CEO	Mr. Xing Hong Zhang
IPO Date	Nov. 25, 2016
Location	China
Headquarters	No. 7 Haishuo Road
Employees	853
Sector	Energy
Industries Wind Energy Renewables

Description

Qingdao Tianneng Heavy Industries Co.,Ltd manufactures and sells wind turbine towers and related equipment in China and internationally. The company offers onshore wind power towers, offshore wind power towers; offshore wind power foundations comprising single piles, cages, and high pile caps; and onshore wind power anchors. It also invests, develops, constructs, and operates new energy projects, such as wind and photovoltaics farms. Qingdao Tianneng Heavy Industries Co.,Ltd was founded in 2006 and is headquartered in Jiaozhou, China.

Key trends

Past 5 years